© World Coin Gallery
© World Coin Gallery
5 Pfennigs - Pössneck
1919 year| Iron | 2.0 g | 17.8 mm |
| Issuer | City of Pößneck (Saxe-Meiningen) (Federal state of Saxe-Meiningen) |
|---|---|
| Period | Weimar Republic (1918-1933) |
| Type | Standard circulation coin |
| Year | 1919 |
| Value | 5 Pfennigs (5 Pfennige) (0.05) |
| Currency | Mark (1914-1924) |
| Composition | Iron |
| Weight | 2.0 g |
| Diameter | 17.8 mm |
| Thickness | 1.0 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#24574 |
|---|---|
| Rarity index | 78% |
Reverse
Pearl rim surrounding an image of Pössneck city tower
Edge
Plain
Comment
Issuing body: [Stadt, Sachsen-Meiningen].
Interesting fact
The 5 Pfennigs coin from Pössneck (Saxe-Meiningen) is interesting because it was issued during a time of hyperinflation in Germany, specifically in 1919. The coin's value was equivalent to 5 pfennigs, a small denomination, but due to the inflation, it was practically worthless. In fact, the inflation was so severe that the coin's metal value was higher than its face value, making it more valuable as scrap metal than as a form of currency. This coin serves as a reminder of the economic challenges faced by Germany in the aftermath of World War I.